Ennis (NYSE:EBF) Issues Quarterly Earnings Results, Meets Expectations

Ennis (NYSE:EBF) released its earnings results on Monday. The industrial products company reported $0.39 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.39, RTT News reports. Ennis had a net margin of 10.15% and a return on equity of 11.64%.

Ennis Price Performance

NYSE EBF opened at $20.68 on Monday. The stock has a market capitalization of $537.76 million, a P/E ratio of 13.09 and a beta of 0.41. The business has a 50 day simple moving average of $21.09 and a 200 day simple moving average of $22.25. Ennis has a one year low of $18.88 and a one year high of $25.75.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut shares of Ennis from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, December 11th.

About Ennis

Ennis, Inc manufactures and sells business forms and other business products in the United States. The company offers snap sets, continuous forms, laser cut sheets, tags, labels, envelopes, integrated products, jumbo rolls, and pressure sensitive products under the Ennis, Royal Business Forms, Block Graphics, 360º Custom Labels, ColorWorx, Enfusion, Uncompromised Check Solutions, VersaSeal, Ad Concepts, FormSource Limited, Star Award Ribbon Company, Witt Printing, B&D Litho, Genforms, PrintGraphics, Calibrated Forms, PrintXcel, Printegra, Forms Manufacturers, Mutual Graphics, TRI-C Business Forms, Major Business Systems, Independent Printing, Hoosier Data Forms, Hayes Graphics, Wright Business Graphics, Wright 360, Integrated Print & Graphics, the Flesh Company, Impressions Direct, and AmeriPrint brands.